34679
Tampa, Florida

The 34679 ZIP code shows clear signs of market deceleration, with the median sale price holding at $371,000 but recording zero year-over-year appreciation. Properties are averaging 123 days on market, substantially above the typical 30-60 day range seen in balanced conditions. Most telling is that zero percent of homes are selling above list price, indicating sellers hold no pricing power and buyers face minimal competition for inventory in this Tampa-area market.

This environment strongly favors patient buyers who can negotiate below asking prices and take time conducting thorough due diligence during the four-month average marketing period. The 123-day DOM figure provides substantial leverage for price reductions and inspection-based concessions. Sellers face challenging conditions and should avoid this market unless relocation or financial circumstances require a sale, as the flat price trajectory and extended timelines suggest better exit opportunities may emerge in different market cycles.

The PropIQ score of 45 out of 100 signals caution and suggests potential downward price pressure ahead rather than stabilization. With zero competitive bidding activity and absorption rates requiring four months to clear inventory, monitoring month-over-month price trends becomes critical as flat year-over-year figures can mask recent deterioration. This score indicates elevated risk for buyers expecting near-term appreciation and warns sellers that current pricing may represent a local peak.